Hi Just Bob, I have had to many beers but don’t bag old mates for buying cba when you sold out at 130. As I said to you the fundamentals are everyone has sold out at this point. ETF / fund managers are stuck between a rock and a hard place. This thing is now in uncharted territory. In the space of a couple of weeks you are down about 5%. I get your logic but this has gone beyond logic. I know it needs to correct,BUT it has been a sell since it hit $100. There are a lot of people that are kicking themselves they have sold out. Imagine LOSING 30% over the last 5 months and it’s still rising. Good luck Bob with your 5% savings account over the next 12 months. Ps don’t forget to pay tax on that. What a crazy market.
CBA Price at posting:
$135.95 Sentiment: Hold Disclosure: Held
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